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The Latest: European stocks close sharply lower after ECB

The Latest: European stocks close sharply lower after ECB Stocks markets in Europe have closed sharply lower as investors appear unconvinced by the European Central Bank’s stimulus measures. Germany’s DAX ended the day down 2.3 percent after initially rising on the ECB announcement of rate cuts and more bond … Continue reading at heraldstandard.com UK […]

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China’s economic slowdown leaves millions of jobs at stake

China’s economic slowdown leaves millions of jobs at stake “Yes, I can feel the pressure,” Niu Sisi told CBS News. “The economy is slowing and industries are facing lots of changes.” Niu Sisi. CBS News Peking University finance professor Michael Pettis said China faces a debt crisis after borrowing tens of … Continue reading at […]

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Major Stocks Headlines – CLRB, EPIX, SBSA, NATL, EGLE, NVIV, PIR, REXX, BCEI

Major Stocks Headlines – CLRB, EPIX, SBSA, NATL, EGLE, NVIV, PIR, REXX, BCEI Cellectar Biosciences Inc (CLRB) traded at $ 6.03 + 5.59 (1,271.08 percent). The company is -30.50 percent during the last four weeks, -17.96 percent year to date (YoY), and -83.41 percent in the past four quarters. ESSA Pharma Inc (EPIX) traded at […]

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Markets eye $50 a barrel oil but rebalancing may not be over, IHS says

Markets eye a barrel oil but rebalancing may not be over, IHS says Predictions of an oil rally to $ 50 a barrel has markets excited, but IHS’s top oil analyst cautions that the commodity hasn’t done rebalancing yet. Oil prices jumped on Monday, with global benchmark Brent crude breaking above the vital $ 40-a-barrel […]

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Stocks up for third week: Dow over 17,000

Stocks up for third week: Dow over 17,000 Traders work on the floor of the New York Stock Exchange on Feb. 12, 2016. (Photo: EPA/ANDREW GOMBERT) (Photo: ANDREW GOMBERT, EPA) U.S. stocks rallied Friday to log a third straight week of gains after the February jobs report came in stronger than … Continue reading at […]

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Wall St. Tries to Stem Losses

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Carl Icahn posts worst loss since 2008

Carl Icahn posts worst loss since 2008 Carl Icahn looks at charts on a projection screen during a media conference at the St. Regis on February 7, 2006 in New York City. (Photo: Michael Nagle, Getty Images) NEW YORK — Billionaire investor Carl Icahn, who briefly flirted with a stint as Donald … Continue reading […]

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G20 focuses on long-term fixes to jump-start world economy

G20 focuses on long-term fixes to jump-start world economy A statement from G20 ministers said risks to the world economy include volatile capital flows, a fall in commodity prices and the shock of the “Brexit” — a UK departure from the European Union. The world’s top economies declared Saturday that they need … Continue reading […]

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